Filed March 7, 2019 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.4+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $69,603 |
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS Service code 27 · EIN 34-1542819 | Advisory (Plan) | $17,931 |
MORNINGSTAR2 years Filed as: MORNINGSTAR ASSOCIATES Service code 27 · EIN 36-4317381 | Advisory (Plan) | $10,195 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,996 | $33,780-8.2% | $74,550-58.4% | $75,289-58.8% |
| Participation rate | 16.5% | 62.7%-46.2pp | 69.1%-52.6pp | 72.4%-55.9pp |
| Annual return | -3.41% | -1.24%-2.2pp | 32.53%-35.9pp | -0.04%-3.4pp |
| Employer contribution / active EE | $144 | $845-83.0% | $1,961-92.7% | $2,405-94.0% |
| Participant deferral / active EE | $937 | $1,890-50.4% | $3,108-69.8% | $3,739-74.9% |
| Admin fee / account holder | $123 | $86+42.7% | $5,060-97.6% | $102+20.5% |